In this article, we will reveal some of the most general facts about New York. This information may come in handy when you are planning a business trip or vacation. Even though New York is one the cities with the most stories around and this area is one of the most important commerce hubs whereby “huge” decisions are made that have an effect on the entire world, there is still information that has remained hidden to many.

1. New York Was Known As The Cheapest City Ever Purchased

Peter Minuit, a Dutch explorer, purchased this island of “Manhattan” from Lenape Native Americans using tools and trinkets that had a value of around $24. Another interesting fact about the island involves that in the year 1698, New York only had 4,937 people; this city was the capital city of the United States in the era of the 1780’s before it moved to Philadelphia and later onto Washington D.C.

2. The Name

The island of Manhattan was first called “New Amsterdam” that referred to Manhattan’s southern tip that was a “Dutch” trading port. In 1664, the city was conquered by the English, and the name changed to “New York.”

3. Residents In New York City

The “current” population in New York has revealed that around 36% of these residents were not born in the U.S. Over 47% of the residents in this city who are more than five years old speak other languages opposed to the regular “English” in their homes. Out of the other 25 biggest US cities, since 2005, New York has been rated as the lowest in crime rate as well as been the safest city overall in the US.

4. The Subway

In 1904, the very first subway line opened. Today the subway system in New York is the biggest mass-transit system worldwide. This system features astounding 468 stations along with a track of 1355km. In total, there are 26 routes along with 6,200 subway-cars. This subway system is one of the few that never stops running and that around 40% of the system is featured above the ground. On average 5 million people use this system daily.

5. Marathon

The marathon is known as the “New York City Marathon” is the biggest worldwide. In 2006, 37,850 people completed the race. Also, popular Central Park each year attracts around 25 million people on vacation of visitors.

6. The Federal Reserve Bank In New York

On New York’s Wall Street, this Federal Reserve Bank comprises of vaults that are located around 80 feet below the bank. These vaults contain approximately 25% of gold bullion worldwide.

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8.The Nickname “Big Apple.”

Even though there are very many legends that surround how New York received the nickname “Big Apple”, many historians agree on that the name came from a famous writer who wrote about horse racing back in the era of the 1920’s. He wrote in what was known as the “Morning Telegraph” that many reliable hands would often refer to “New York” as the “Big Apple,” that related to that any horse that managed to race in New York City had reached a pinnacle point in their horse racing accomplishments.

9. Yellow Cabin

There are over 13000 licensed “medallion” taxis that work daily on New York’s streets. The cost for a “medallion” license is around 1 million dollars to operate taxi cabs.

10. Street Vendors

A fascinating fact about the street vendors in New York is that there are over 40,000 food vendors and about 20,000 other types of providers. Many of these individuals are locals that all have permits that allow them to work in New York. They often are unable to find alternative work options and make their living from selling food or other items of interest.

11. The Statue Of Liberty

The full name of this impressive statue is actual “Liberty Enlightening The World” and was given to America as a gift from the country of France in the year 1886. This statue measures 93 meters and weighs an astounding 204 metric tons. This statue was the symbol of immigration over the period of the second part of the “19th century” when more than 9 million immigrants moved to the United States.